You might be wondering whether you really need long-term care insurance.
The conservative answer? If you go without it, you’re taking a bet in which the odds are not very good.
Caring for those with Alzheimer’s, dementia or physical disabilities—all of which are typically covered by long-term-care insurance
According to LongTermCare.gov, care costs are on average:
Long-term disability insurance is an expense that many of us feel we can safely avoid. However, the odds are high that you could need some type of long-term care in your lifetime and having at least some coverage is wise.
If you want more information about the costs and benefits of long-term care insurance, please reach out to our office at 781-245-5500.
If you feel this is something you’d like to include in your financial strategy down the road, we can discuss this at any time.